China Retail Annual Report 2024
China continued to be the world’s largest food importing country in 2023, with total food imports valued at $140 billion. The United States was the 4th largest source of China’s imports of consumer-oriented agricultural products in 2023. U.S. agricultural products are generally competitive in the China market and sought by local importers and end-users for their high quality. Particularly in the categories of Tree Nuts and Soup & Other Food Preparations, the United States ranked No. 1 in terms of market share among all other exporting countries. Beef, pistachios and almonds, cheese, pet food, wine, non-alcoholic beverages, and ginseng show great potentials.